How many tons were started and completed during the period

Assignment Help Accounting Basics
Reference no: EM132684579

Problem - Units to be assigned costs - Matco Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 9,200 tons from the Casting Department. During the period, the Rolling Department completed 9,050 tons, including 380 tons of work in process at the beginning of the period. The ending work in process inventory was 530 tons. How many tons were started and completed during the period?

Reference no: EM132684579

Questions Cloud

Describe the required adjusting entry : What is the effect on net income, assets, liabilities, and shareholders' equity of NOT recording a required adjusting entry for prepayments?
What are the total equivalent units for direct materials : The ending work in process inventory was 1,800 ounces (25% complete). What are the total equivalent units for direct materials
Enhancing innovation and competence destroying innovation : Advise Ts Sabri on case of competence-enhancing innovation and competence destroying innovation.
Address the problem of technology access : How do you, or would you, address the problem of technology access for students whose technology resources are limited?
How many tons were started and completed during the period : The Rolling Department received 9,200 tons from the Casting Department. How many tons were started and completed during the period
Think about what circumstances : Think about what circumstances got you to where you are today. Do you have a past that some would describe as privileged?
How many ounces were started and completed during the period : The ending work in process inventory was 1,800 ounces. How many ounces were started and completed during the period
Describes the problems of corporate governance : Consider Agency Theory, Stewardship Theory and Stakeholder Theory. Which theory do you think best describes the problems of corporate governance
Start Seeing Diversity Blog-Creating Art : Take time to think about what you have learned in this course about children's identities and development

Reviews

Write a Review

Accounting Basics Questions & Answers

  Record the entry to write-off specific accounts

All implied journal entries relative to bad debt expense and the allowance for uncollectible accounts. Record the entry to write-off specific accounts

  What amount can sarah deduct as a business expense

$194 for the theater tickets, both amounts were reasonable under the circumstances. What amount can Sarah deduct as a business expense?

  What are the primary sources of tax law

Write a 700- to 1,050-word paper that includes the following: What are the primary sources of tax law. What is substantial authority

  Analyze the rationale of executives in cases

Analyze the rationale of executives in cases when their compensation package is outwardly perceived as excessive.

  One of the products of hearts amp flowers is a one-pound

one of the products of hearts amp flowers is a one-pound box of chocolate candy packaged in a box bearing the customers

  Prepare the entry to record the gross profit

Curiosity Company provided the following financial information for its installment-sales for the current year. Prepare the entry to record the gross profit

  How many units of each product does joseph need

Assuming the budgeted sales mix remains intact, how many units of each product does Joseph need to sell in order to break even

  Prepare balance sheet for the amount of cash

Quantity Dairy gathered the following reconciling information in preparing its December bank reconciliation.

  Message on the recorded answering machine

At 4.30pm on Monday, Alex reads Michael's acceptance and immediately telephones Joshua's business address, leaving a message on the recorded answering machine: "Ignore the letter you will receive-deal off. Alex."

  Determine the balance in the finished goods inventory

Determine the balance in the Finished Goods Inventory and compute the cost of goods manufactured for November

  Compute the credit to treasury stock to record the sale

Emma then sold 910 shares of the treasury stock for $12 per share. Compute the credit to treasury stock to record the sale

  What was the issue price on january of this year

PowerTap Utilities is planning to issue bonds with a face value of $2,500,000 and a coupon rate of 10 percent. What was the issue price on January of this year

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd